Spartanburg, SC Long-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Spartanburg, SC. Based on 20+ datapoints.
Spartanburg, SC Long-Term Rental Investment Snapshot
Based on 20+ long-term rental datapoints
Median Cap Rate
4.5%
Avg Cash on Cash
-9%
Median Cashflow
-$444/mo
Avg Rent Estimate
$1,796/mo
Avg Price
$283,127
Price Range
$198,900 - $395,000
Rent to Price
0.63%
low ratio
Positive Cashflow
0%
of analyzed properties
Recent real estate investor listings analysed as long-term rental deals in Spartanburg, SC
Spartanburg, SC is an emerging long-term rental market gaining investor attention. With 20+ properties analyzed, early data shows the market is developing. The median cap rate of 4.5% suggests room for early-mover advantage as more rental inventory becomes available.
Based on 20+ analyzed properties, the median monthly cashflow in Spartanburg, SC is -$444 with average rents of $1,796/month. Properties range from $198,900 to $395,000, offering entry points across multiple investment budgets.
117 Rocking Chair Ln, Spartanburg, SC 29307
Price
$225,400
Rent
$1,296
CachFlow
-$414
CoC
-10.5
Spartanburg, SC Rental Market Insights
- •Median cashflow is -$444/month — careful deal selection is essential here
- •4.5% median cap rate is typical of appreciation-focused markets
- •At 0% positive cashflow rate, Spartanburg, SC requires selective property picks
- •Moderately priced market with properties from $198,900 to $395,000
- •Early-stage market data — revisit as more properties are analyzed for stronger signals